Agfa Photo may be at the very end

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Submitted By: DaveBelew

Joined: Mar 16 2005

Posts:

Agfa Photo may be at the very end

Posted: October 19, 2005 - 10:01pm

Per Forbes:
"AgfaPhoto GmbH said Wednesday it was likely it would be out of business and its 2,400 employees without work by the end of the year after it failed to find a buyer interested in acquiring it."

The Leverkusen-based photographic film company had filed for bankruptcy protection in May amid declining sales and fierce competition from digital cameras.

In recent weeks, the company had been in talks with Britain's Photo-Me International PLC about a possible takeover but spokesman Thomas Schulz said those talks were halted after creditors rejected the offer."

The end is near.

Submitted By: ronk

Location: Quensbury, NY

Joined: Mar 15 2005

Posts:

Re: Agfa Photo may be at the very end

Posted: October 20, 2005 - 6:36pm

Dave, does that include the PROCESSING market as well?

Submitted By: DaveBelew

Joined: Mar 16 2005

Posts:

Re: Agfa Photo may be at the very end

Posted: October 21, 2005 - 9:25am

If you are referring to the Agfa branded mini labs that they
sell/manufacture, I don't think so. That is Agfa Gaevert which I believe will continue. But the consumer/pro films and papers I am afraid will soom be history.